The currency itself. Economics is all about relativity.

You lose profit because the prices go down for whatever you produce or service out.

But you also lose expenses, because your raw materials, cost of labour, electricity, and wages of your workers go down.

And they all go down the same % point, so this relative decline makes you at status quo, and you didnt lost anything after all.

=========

And the same for the consumer, yes his wages go down, but the prices of the stuff around him also goes down, so its only an illusion that you lose money , when infact you didnt gain nor loose anything.

In fact since the competition is now tigher than evenr you get alot of quality stuff that never existed before in an inflationary-minimum wage based economy.

You also dont need a pension system in this world. Becaue you put 20$ away today and find yourself with 1m$ by the time you get old.

========

This completely eliminates the need for central bank & government leftist -marxist welfare bullshit, and makes the economy 999999999x more efficient.

Ok look, the entire economy since it was decoupled from the Gold standard in the 1970 is now declining since then. Now banks just shamelessly run ponzi schemes, and call that responsible monetary policy...

Look all banks are insured obviously, there is a EU investment insurance fund which insures all bank accounts up to 100.000€ i think and 20.000€ for trading/investment accounts. I`m not sure about the exact numbers but its something like that.
And there is an equivalent in the USA, and pretty much every developed country has insurance for banks.

Ok suppose 1 bank goes bankrupt, ovviously if you had 200.000 € you are fucked, you lost half of it, and you still have to wait like 1 year until the other 100.000€ is refunded to you. So this is why they discourage people from moving big funds, by having 10% comissions on wire transfer and nasty things like that.

But what happense if all banks go bankrupt? Do you think the insurance covers them all? Fuck no, it barely covers 2-3 banks, and thats also up to 100.000€, so the insurance companies have also fractional "insurance" reserves, because they dont expect systematic collapse. They only preparte themselves for average bankruptcies, so they might charge 2-3% premium from banks, but in reality they should charge like 50-60% because the collapse is happening, of course that would annoy banks, but thats the truth.
Maybe they should not run on 0% reserves, and have 100%, then they would not need insurance

So if all banks collapse then the entire system falls down because neither the insurance companies can bail them out, neither the government tax money, and neither the Central Bank, unless they start printing alot of money , which they will....

So my guess is that they will play with the IMF a bit, because they have small leverage and can bail out central banks after they collapse, but i dont think it will last alot longers since not even the IMF can bail out the entire world, so it will most likely collapse.

Thanks, because my tutorial is a little bit too stretched out in this forum, although its perfectly correct, but its disorganized and hard to read.

I`ll make a FREE E-book where i`ll sum it up and make it more organized, so it will be easier to read and study even offline, because obviously this forum needs online internet access.

So stay tuned until i`ll write my FREE e-book ,which will be FREE TO DOWNLOAD!

Enjoy my hard work, this is my contribution to the bitcoin community

Alright I found a solution to this one, I searched hours on the internet to find out how to make sure that the VOLUME BOOT RECORD or the USB stick is clean.

Ok the USB stick has basically 2 sectors, the main sector which is partitioned, so there you can put files which you transfer from 1 PC to the other, (and if the hidden files & folders are shown) then you dont have to worry about a virus copying itself to the USB stick because you see it.
And when you put the unsigned transaction file, make sure that only that single file is on the USB and nothing else, because everything else could be a virus.

However there is a hidden sector in the USB stick which is called the VOLUME BOOT RECORD which contains firmware settings and it's usually 4kb size, but advanced viruses can hide here, obviously 4kb is not enough for a sophisticaded virus, so if you see that this unpartitioned sector is like 20-30 mb size, then its 100% that you have a VBR virus on it, which could steal the private keys and infect the offline PC.

As you can see my USB stick is 100% clean!


So to avoid this I put together the last phase to make sure nothing else sneaks out of the offline PC, and even if it infects the offline PC it can never sneak outside it and broadcast the private keys to the hacker.

So let's start:

HOW TO ELIMINATE ALL VIRUSES AND MALWARE FROM THE USB STICK (Windows)

0) Plug in the USB stick in the offline PC, where your bitcoin's are stored and follow the next tutorial, to clean up the USB before putting stuff on it, and connecting back to the ONLINE PC, so that even if it has a virus on it, it cannot send back any info to the ONLINE PC!
1) Open the start menu and write in the search "CMD" without quotes,( right click on it and "Run as Administrator" if needed).
2) In CMD write the following: "DISKPART" without quotes, and open the disk partitioning tool
3) You can now close CMD, we will work in dispartition tool now
4) Type in "LIST DISK", without quotes
5) Open the start menu again and write "disk management", and open "Create and format hard disk partitions"
6) See there which disk number your USB stick is, for me Disk 0 is my harddisk and Disk 1 is my USB stick, see for you which one is it, and remember the # number of the Disk.
7) Go back to the disk partitioning tool and you see there also the same thing
8] Type in "SELECT DISK #" ,no quotes, replace the # with your disk number of the USB stick, so for me its Disk 1, so I write "SELECT DISK 1", you write your own number there. Make sure you select the USB stick and not the HARD DISK, because otherwise you can mess up your windows!!!!
9) Type in "CLEAN" , no quotes, this will replace the VBR with 0 like the factory version had so any virus that was in there is now dead, this process could take a while, so wait until its finished
10) Type in "CREATE PARTITION PRIMARY", no quotes
11) Type in "SELECT PARTITION 1",no quotes, this is 1 for everybody so dont replace that number
12) Type in "FORMAT FS=FAT32"  or  "FORMAT FS=NTFS" ,no quotes,depending on what the USB stick can support, my USB can only support FAT32, so if you write the NTFS version and it returns an error at the end, then do it again with FAT32 because your USB doesnt support NTFS then. This process could take like 30 minutes but you must do this every time the USB stick is plugged in the offline PC to make sure no virus can steal your private keys.
13) Type in "ASSIGN" , no quotes
14) Type in "EXIT"

Now if you did this correctly, your USB stick is 100% clean from any virus. You must do this process every time your USB stick plugs into the OFFLINE PC, to make sure even if there is a virus on it, to not get out with your private keys, so it's a very important part!

 

If you are not sure about your coins are safe or not, then create a safe cold storage and transfer your coins there, because your current storage could be compromized and let's just not risk that. Better to do some extra work to make it secure than to find out the hard way isnt it...?

I know I know, but its not just that.

If for some reason you can't get referrals (because the faucet is old and people already are referrals to other guys), then you can still earn alot.

Look you open each faucet link 1 after another, it doesnt take more than 15 seconds to fill a captcha, and use faucets that pay hourly. By the time you finish the list, the cooldown of the 1st faucet is already over and you can repeat it.

I calculated that with that precision, you can easily gain about 100$/month only on this bitcoin price.If the bitcoin price rises, that can be 1000$/month!!!

And that is a good salary in 2nd and 3rd world countries , so definitely people should do faucets.

And they should do it now, because until the price goes back to 1000$/BTC you can hoard more bitcoins, and then when it reaches that price you can be rich, relative to your country's economy level.

Yes its happening worldwide. As the global ponzi scheme of the banks collapses, they will try to block people from getting cash, and slowly loot their bank accounts.


It looks like that but it isn't. It is disguised as AML rules, to prevent petty criminals from stealing 1000€? Nah its a joke.

When the real criminals already have millions of $ in their favorite politician's accounts...

Its always easy to disguise it like that but actually its capital control to restrict the herd from accesing their property, while it's slowly getting looted.

Look how many EU banks go bankrupt 1 after the other, if all of them would run on the bank the whole system would fall by tomorrow.

So they have to discourage people from accesing their ponzi investment, otherwise the ponzi scheme collapses, because thats how the global fiat economy works, its a giant ponzi scheme.

I know that he has those theories aswell, i`m not buying those obviously.

However I think that on the economy he is right. Atleast read the article objectively.

It's an illusion if you dismiss the article just because he had some weird theories in the past.

 As I told judge the article not the man writing it.

Wtf man, the main beneficiary from all of this will be bitcoin & precious metals.

Sure you are not against bitcoin aren't you?

There is just no other counterbalance agains this massive collapse & hyperinflation that will happen soon, so every rational person will invest in bitcoin. And since the wealth is in mostly intelligent billionaires hands, i bet they would give up their keynesian ponzi and flee to crypto currencies. (or they will try the IMF Special-Drawing-Rights, maybe  )

The faucet site looks much better, i thik this can be a very popular faucet if you advertise it on a few more sites.

No it doesnt, where did you get your diploma from the banksters? This seems to me cheap keynesian propaganda.

You can have any amount of money in circulation, if the goods are less, then the price of it will be lower, because it's worth more.

And thats beneficial because less amount of money is needed to buy alot of goods and services.

It's almost as same as the current keynesian model from objective perspective, except the 8 year periodic crashes, debt bubbles and hyperinflation.

I see no flaws in deflation at all.

Of course i bet many keynesian propagandists will mock me for this...

Good to hear that you liked the software, soon i`ll release new ones too so stay tuned

Well judge the fact's not the person. I know Icke has some unusual theories, but his theories about the economy are certainly right.

Zerohedge might be a bit sensational, but it's also factual and has sound info.

And my anecdote, weather you believe or not, you will find out soon.

See most people don't recognize that the boat is sinking until your feet get's wet, but by then it's too late and you deserve the consequences of not being prepared

Like many people ridiculed that the Titanic cannot sink, and yet it did. I bet many people questioned it's sinking while it was half underwater, that's the level of delusion nowadays when we talk about economics.

And it's always the fool now that get's rich in the end, and the genius now will lose all his money soon

He cannot move his funds entirely. Neither cashing out (though who would cash out 250.000€) and neither wire transfering it.

And now that they audit/investigate his account, its already freezed, however he is a legitimate business owner, done nothing shady, I personaly know him.

So the tyrants disguise capital control into anti-money laundering investigation, to brainwash the sheeple that this is all done to catch criminals bla bla (when most politicians are already involved in some maffia business AND THEY NEVER INVESTIGATE POLITICIAN ACCOUNTS, I WONDER WHY ?) , so that they can push their 0% interest rate agenda, and prevent people from cashing out (because they dont get any return at all) so that the banks can run their ponzi scheme a little bit longer.

A brilliant move, and the stupid sheeple doesnt recognize the real criminals here...the tyrants from the EU and the thieves from the ECB.

Well you can always choose how you trade can't you?

 Bitfinex has this too, so you can trade p2p on direct exchange or Trade with CFD like long/short positions with leveraged account i think up to 1:3.

While p2p exchange usually doesnt have taxes, CFD could have capital gains tax, so better check your taxbook.

Everybody should risk as much as they can affort to lose.No investment is 100% safe.

If you are afraid that they rob you a few coins, but you ignore the fact that the so called authorities rob 80% from you every month for the rest of your life is really ignorant.

You also don't like the "authorities" after they break into your house and machine-gun your dog like they do 99.9% of the time.

Indeed, tryrants are not very bright i would say pretty dumb most of the times. But they are powerhungry so that give them a sort of "appeal" from their people.

If they would be bright they would not be tyrants, because most of the tyrants end up on a rope.

http://www.sovereignman.com/trends/more-capital-controls-as-france-declares-war-on-cash-16658/

http://www.zerohedge.com/news/2015-03-23/fighting-war-terror-banning-cash

http://www.davidicke.com/headlines/tag/capital-controls/

http://www.businessinsider.com/capital-controls-leak-in-greece-is-about-internal-politics-2015-2

In Italy i guess it's not formally announced yet, however I had an aqaintance who has a factory in Italy and tried to wire transfer 250.000€ back to Switzerland and the bank wouldn't let him, they now started an investigation on him, which will last atleast 6 months (althougn he is a nice guy , and not involved in anything dirty, so this investigation is only a "facade" , they disguised CAPITAL CONTROL into some bogus AML investigation  )

The EU zone is in deep shit now, they want to freeze all money inside it and then loot it all after the boat sinks

Yes it is. The exchange let's you borrow money from them, in the sense of leveraging your account, its not like a normal borrow because you can't use up all the funds.

It only magnifies your trading position size, magnifying the gains and magnifying the losses.

However it's only for CFD derivatives, normal P2P exchange trading doesnt have this feature.

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I earned 0.01 BTC today

Well you know if normal currencies are lost, the CB will just print more, thus decreasing the value of lost coins to replace them with fresh circulating ones.

In BTC all supply is fixed, or atleast ithas a hard cap. I would be interesting that after 1 million years only 1 bitcoin would be in circulation, because everyone else would have lost their private keys.

And that 1 Bitcoin would be worth the entire Planet's money/wealth